Wednesday, December 10, 2008

CHINA TO INCREASE SUPPORT FOR SOLAR POWER GENERATION

BEIJING, Dec 10, 2008 (AsiaPulse via COMTEX) -- The China National Development and Reform Commission (NDRC) and its affiliate National Energy Bureau are currently working on policy support and subsidy measures for solar power generation in China, said Shi Dinghuan, chairman of Chinese Renewable Energy Society (CRES) recently.

Shi noted that the government was increasing input in the development of renewable energy in terms of financial investment, R&D support and demonstration projects.

"Investment into energy projects, clean energy and ecological environment construction would contribute to stimulating domestic demand, which will also benefit further adjustment of China's energy structure in the development of low-carbon economy," said Shi.

1 comment:

Adas said...

This will greatly help companies such as LDK and TSL --- as they have been treated by Wall Street like trash in terms of the pricing of their stocks.